Virginia’s governor just signed the nation’s first daily fantasy sports law

The following article can be found in its original form at this link from TechCrunch:

TechCrunch: Fritz Tepper, March 7, 2016

Interestingly, not all players in the fantasy sports industry are happy about the bill passing.

Read more

Bill could sideline season-long fantasy football in Virginia, open up state to online gambling

The following article can be found in its original form at this link from the Virginian-Pilot:

Virginian-Pilot: Kimberly Pierceall, March 6, 2016

Virginia’s first-of-its-kind fantasy sports legislation aimed at regulating contests offered by sites like DraftKings and FanDuel could push out seasonlong fantasy contests and open the state to online gambling, critics say.

Read more

Fantasy Sports Bill Awaits Governor; New Concerns Surface

The following article can be found in its original form at this link from Indiana Public Media:

Indiana Public Media: Brandon Smith, March 7, 2016

Small fantasy sports operators are crying foul over legislation awaiting the governor’s signature that regulates paid fantasy sports.

Read more

FSTA Celebrates Virginia Fantasy Sports Bill Being Sent To Governor

This is the email sent by FSTA President Paul Charchian that stated the FSTA fully supports the bill whose onerous fees will keep out all contest operators out of the state except for FanDuel and DraftKings.

The SBFSTA Stance:

"The Fantasy Sports Trade Association (FSTA) enthusiastically supports the Virginia bill that has a $50,000 initial fee in this email to its members. This $50,000 fee can only be afforded by two-to-four companies in the entire fantasy sports industry. So daily fantasy sports (DFS) is now legal in Virginia for two companies, but the original hobby itself, traditional fantasy sports, are now effectively banned in Virginia due to the onerous fees. And the FSTA, which was built on the backs of small traditional fantasy sports companies, here publicly backs the bill that kills small business throughout the state."

Read more

Legal Sports Report on Split in Fantasy Industry

The following article can be found in its original form at this link from the Legal Sports Report:

Legal Sports Report: Dustin Gouker, March 2, 2016

A handful of season-long fantasy contest operators have voiced their opposition to a fantasy sports bill in a letter to Virginia Gov. Terry McAuliffe.

Read more

Small Fantasy Sports Businesses Letter To Virginia Governor Terry McAuliffe

ForPlayers-ByPlayers, LLC.

1133 Broadway, Suite 529

New York, NY 10001

March 2, 2016

Dear Governor McAuliffe,

Read more